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Showing posts with the label resistance level

Bitcoin has been declared ‘dead’ more times in 2025 than all of 2024

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Summary ⚈ Despite hitting new highs in 2025, Bitcoin has already faced 11 “death” declarations, more than all of 2024. ⚈ Bitcoin has faced 430 such declarations since its inception. ⚈ High-profile figures like Peter Schiff, Eugene Fama, and Anatoly Yakovenko continue to dismiss Bitcoin. Despite hitting a new record high in 2025, Bitcoin (BTC) faces a sustained wave of skepticism, reflected in a growing number of ‘death’ declarations. In the first half of 2025 alone, Bitcoin has faced 11 obituary declarations, surpassing the 10 recorded throughout all of 2024, according to data retrieved by Finbold from Bitcoin Obituaries on May 14. A Bitcoin obituary is a public claim, often by critics or institutions, that Bitcoin is worthless or doomed, usually made during periods of high volatility or price surges. Historically, Bitcoin has been pronounced ‘dead’ during nearly every market cycle. This pessimism peaked in 2017, when BTC hi...

Crypto Strategist Sees Solana-Based Memecoin Surging Higher, Says One AI Altcoin Flashing Strong Chart

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A closely followed crypto analyst believes one meme token operating on Solana (SOL) is in the early stages of a market recovery. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that he’s bullish on the memecoin Bonk (BONK). The trader shares a chart suggesting that BONK will face resistance at the $0.000012 level before printing a bullish higher low setup and rallying to his target above $0.0000145. “BONK is looking strong in the short term, and should go higher. Should be a pullback around the 200 EMA (exponential moving average) on the four-hour chart but still, I think this has pulled back enough to where any buying down here is probably reasonable.” Source: Altcoin Sherpa/X At time of writing, BONK is worth $0.00001376. Turning to the low-cap altcoin Alchemist AI (ALCH), the analyst says the coin appears to be in an uptrend and that he’s waiting for potential dips to accumulate the asset...

Trader Michaël van de Poppe Says Bull Market for Chainlink (LINK) Has Started, Updates Outlook on Bitcoin

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A widely followed crypto analyst says the decentralized oracle network Chainlink (LINK) may be at the start of a new uptrend. Michaël van de Poppe tells his 781,500 followers on the social media platform X that LINK is starting to break out against Bitcoin (LINK/BTC) on the weekly chart. “Slowly, but surely, LINK starts to wake up strongly. I assume we’ll have the next leg upwards to be higher and that the bull for Chainlink has begun.” Source: Michaël van de Poppe/X Looking at his chart, the trader suggests that LINK may rally to 0.0007950 BTC ($69.15). LINK/BTC is trading for 0.0001793 BTC ($15.57) at time of writing, up 1.53% in the last 24 hours. Next up, the analyst says that Bitcoin is holding an ascending trendline as support and may soon hit $94,000 if BTC can break through resistance at the $87,000 level. “The trend is still great on Bitcoin and it looks to be that we’re going to be breaking upwards to $90,000.” So...

Bitcoin “bull-trap” alert: Is the path to $100,000 still open for BTC?

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Bitcoin’s (BTC) recent price action has raised red flags for investors as it briefly surpassed the critical $70,000 resistance level, only to retreat shortly after.  This aligns with a classic “bull-trap” pattern, a situation where buyers are lured into what appears to be a breakout, only to face a sharp reversal. The current price movement suggests that this might indeed be the case, casting doubt on the likelihood of Bitcoin reaching the $100,000 target in the near term. Picks for you Ripple prepares for what could be the largest XRP dump in 7 years 3 hours ago AI sets date when Bitcoin will hit $100,000 4 hours ago 2 cryptocur...